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What Is the Axie Infinity (AXS) Universe?
Axie Infinity (AXS) is a battle and trading game based on blockchain, which is partly retained and controlled by its players.
Axie Infinity’s creation was motivated by well-liked games such as Tamagotchi and Pokemon. It enables players to breed, battle, collect, raise and trade the Axies, in-game creatures that players own and control.
These Axies are able to transform in several shapes, and there are over 500 body elements available, which includes reptile, plant, bug, bird, beast, and aquatic. Parts from every class are categorized in 4 different rarities: Legendary, Ultra Rare, Rare, and Common. Axis can be created by integrating different body parts, making each character often distinct and rare.
Every Axie is an NFT possessing distinct strengths and moves and can be utilized during 3v3 battle against players in-game, where the players can gain experience points which are utilized for upgrading Axies. Players can breed them together to generate a fresh and distinct Axie, which the players can utilize or sell in the Axie marketplace.
Axie Infinity Shards (AXS) are the indigenous and governance tokens of Axie Infinity, and can be utilized to take part in major governance votes, and can determine how Axie Community Treasury funds are used up.
Who Are Brains Behind Axie Infinity?
Sky Mavis created the game back in 2018. Sky Mavis is a game developer based in Vietnam, with a major focus on technology. Aleksander Larsen and Trung Nguyen co-founded it.
Trung Nguyen serves as platform’s CEO. The individual formerly worked at Anduin Transactions as a software engineer before Avie Infinity was founded.
Aleksander has been into blockchain gaming since 2017, formerly serving at the Norwegian Government Security Organization as the executive security officer.
There are a total of 25 full-time employees in Axie Infinity team, many of these holds a myriad of experience in gaming development.
What Creates Axie Infinity Unique?
Every Axie owns six out of numerous potential body elements, where every part possesses its own in-game ability. This creates a never-ending among Axies, with majority of Axies having comparatively frail metrics, while Axies with strongest body part integration have astounding stats.
Unlike, other battling and breeding games based on blockchain, every Axie is able to breed only a total of 7 times to keep the populace under control.
Axie Infinity also contains a mating hub to assist players to find a desirable match to breed their Axie with one that can produce a solid or rare offspring.
How Many AXS Coins Are Circulating In The Market?
Total supply of AXS coins remains 270 MIllion, where 60.9 Million tokens are into circulation as of now.
AXS’s initial public sale happened during Oct-Nov 2020, where 29.7 Million AXS tokens were dispersed at a value of $0.10 for a total pile-up of $2,970,000.
In a private sale initiated in June 2020, 10,800,000 AXS was dispersed at a discounted price of $0.08, piling up $864,000.
Rest of 270 Million tokens are going to sail independently in the market by 2026.
How Secure Is Axie Infinity Network?
AXS is an ERC-20 token released of blockchain of Ethereum, which means it is safeguarded by ETH’s proof of work consensus algorithm.
Ronin is an application-specific sidechain developed especially for it. It was too developed by Sky Mavis, and is customized to assist almost immediate transaction confirmations, lower gas fees, and to help in scalability of Scalability.
Where To Buy Axie Infinity (AXS)?
Axie Infinity (AXS) can be accessed by folks on several exchanges, involving some top-notch crypto exchanges such as: Kraken, Gate.io, KuCoin, Bithumb, FTX, Coinbase, Huobi Global, Binance, etc.
The connection among Axie Infinity SLP has led to various trading pairs like SLP to BNB and SLP to ETH, and more.
How To Play Axie Infinity
Axie Infinity is customized as an open-ended virtual pet universe. Its top priority is to offer fun to folks, only through offering an alluring gaming experience, can the ecosystem lures sufficient folks to accrue network’s value.
Axie’s prime team launched an initial battle system developed on top of Axie game items. The battle system was designed as an “idle battle” system, which was inspired by games such as Idle Heroes and Final Fantasy Tactics.
Similar to Pokemon’s evolution through several iterations and different kinds of battle systems, Axie too is anticipated to bring variety to battles over upcoming years.
Breeding system allows folks to breed Axies similar to physical world pets, where a couple of Axies are able to produce a distinct offspring. Players are only allowed to breed Axies, 7 times at max.
Players cannot breed them with their siblings and children.
Axie Infinity Land
Axie homeland is called Lunacia, and is categorized among tokenized land plots, serving as bases and homes for functionality of their Axies.
Plots can be updated with time utilizing different types of resources and crafting materials that can be discovered while playing it.
Axie Marketplace
Axie Marketplace is a its own market for folks, where they are able to buy, sell or trade their Axies. Different classes of Axies are listed on the marketplace, like beast, bird, aquatic, plant, etc.
Plot of Axie lands can also be acquired or sold at the marketplace, folks can choose from different environments like, genesis, mystic, savannah, arctic, or forest.
The Lunacian Express allows folks to release their Axies into the wild, where the part takers will receive a parting reward in return.
How Can Folks Stake Axie Infinity (AXS)?
Folks can easily stake Axie Infinity through some easy steps. First of all, they need to possess AXS in order to stake, then they are required to download a wallet dedicated to Axie Infinity, like Ronin.
After Installation, they need to register on Axie marketplace, transfer the AXS coins to their wallet. Players then need to access AXS staking dashboard, select “stake, then feed desired sum for staking AXS, then click stake again.
There you go, you have successfully staked Axie Infinity.
Axie Infinity Roadmap
Axie’s roadmap was updated on 21st May 2021, as per its whitepaper. I has successfully migrated its assets, land and Axies into its Ronin wallet. By the third quarter of previous year, it started its indigenous token AXS’s staking.
Its final mission is to make a sole application that folks can utilize to interact with the whole Axie Infinity universe. This includes, its marketplace, social network, breeding game, land gameplay and many more things.
Axie Infinity (AXS) Live Price Data
As this article was being written, Axie Infinity was ranked at 39th in the crypto market, and was trading at a market value of $65.18.
Contrasting this to the price of its initial launch, Axie Infinity has returned 65423% of gains to its folks who acquired the token at its launch.
Axie Infinity Price Prediction For 2025
Looking at its growth and latest upgrades, Axie Infinity is flourishing rapidly. Looking at its current price, it is expected to grow by roundabout 5x in future.
A crypto forecasting organization, Price Prediction, has made speculations that it will reach its all-time high, crossing $270 during 2025, while staying in the range of $230 to $240 through the year.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
